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As of 15:00 on January 15, China Plastics price index was at 882.78, down 3.46 from the previous trading day; China Plastics spot index was at 977.92, down 0.11 from the previous trading day.
China and the United States are about to sign the first phase of the trade agreement. International oil prices have rebounded after five consecutive trading days of falling trend. On Tuesday (January 14), the settlement price of WTI crude oil futures in February 2020 was $58.23 a barrel, up $0.15, up 0.3%, with a trading range of $57.72-58.72; the settlement price of Brent crude oil futures in March 2020 was $64.49 a barrel, up $0.29, up 0.5%, with a trading range of $63.92-65.05.
PVC market is dominated by stable consolidation, most traders adjust their quotation according to their own inventory, the overall receiving situation in the downstream is general, and the rigid and small orders are mainly maintained. In terms of price, the main quotation of ethylene material is about 7350-7550 yuan / ton, and the main quotation of 5-type calcium carbide material is about 6900-7250 yuan / ton, and the actual transaction can be negotiated. (see the price database of Zhejiang plastics market for the specific quotation of each brand)
PVC market is dominated by small consolidation. Traders usually ship goods according to inventory, with poor downstream demand, limited trading volume and small price fluctuation. Zhejiang plastic market expects that in the short term, PVC market will still be dominated by finishing